BVCA Management Team Awards 2019

The BVCA Management Team Awards, produced in association with Grant Thornton UK LLP, is our annual showcase for the best businesses in the UK backed by private equity and venture capital.

Each year, 100s of companies compete across the country for the opportunity to be named as one the UK’s most outstanding teams, demonstrating the real impact our members have on the national economy and society at large.

To see the calibre of winners in previous years, you can view case studies of all our winners here, and videos of each of the 2018 national winners here.

If you would like to become a member of this illustrious list, we strongly recommend nominating as soon as possible at the link here.

More details, including submission deadlines and criteria, can be found below.

Management Team Award process

NOMINATE YOUR BEST BUSINESS OF THE YEAR

Both BVCA members and management teams can make nominations for the awards. Nomination deadlines can be found below, and if you are shortlisted you will be contacted by Grant Thornton for additional information to supplement your initial submission.

All winners will be announced and the awards presented at our National Dinners throughout the course of the year. All will then be automatically entered into the national final, the results of which will be revealed at the BVCA Annual Gala Dinner, November 2019 in London.

Award categories

Large Company Management Team Defined as a company with an approximate enterprise value in excess of £100m, as evidenced either at time of investment or in the opinion of the judges.

Mid-Market Management Team Defined as a company with an approximate enterprise value of £20-100m, as above.

Growth Management Team Defined as a company with an enterprise value of less than £20m, as above.

Venture-backed Management Team Defined as a company backed by a venture capital firm, not an MBO or MBI, where the investment was substantially to develop an innovative technology product or service.

Business Transformation Management Team Defined as a company which has either achieved significant transformation itself, or the effect on its industry or the community has been transformational.

Social Responsibility Management Team A company which engages in best-in class commercial activity with regards to environment, social or governance (ESG) issues. This award will now be a national award only, presented as part of our Responsible Investment Awards at the BVCA Summit. MTA nominees will be automatically considered for this award and contacted if shortlisted.

For awards presented in 2019:

The period judged is calendar year 2018 and the investment must have been made in 2017 or earlier.

Approximate enterprise values will be taken into account if a firm is believed to have moved into a different award bracket during the calendar year judged.

Judging criteria

The judges will be asked to assess the awards against the following criteria.

For theLarge, Mid-market and Growthcompany categories:

Building an attractive, distinctive business which stands out from others in its sector;

Evidence of bold and authentic leadership, including development of a strong, progressive culture and wider contribution to society;

Overall evidence of growth, including profit growth and returns on exit.

ForVenture-backed Management Team of the Year:

Particular focus on bringing to market new and high impact innovations;

Evidence of skill in the way innovations have been translated into products, for example partnerships, regulatory hurdles overcome, technical challenges navigated;

Financial success to be judged not by reference to profitability: external validation still essential but more likely to be by revenue growth, significant contracts and external investment from respected investors at increasing valuations.

ForBusiness Transformation Management Team of the Yearas above and also:

Evidence of a bold, decisive plan, well executed;

Positive impact on employment and the local economy.

ForSocial Responsibility Management Team of the Year:

Evidence of commercial activities which stand out for their positive impact on the environment, the workplace, the marketplace, the community or governance issues.